Specialising in supporting professional contractors Steed Consultants combines efficient tax planning with experience of the contract industry to enable you to attain high levels of income and remain compliant with current legislation (such as the MSC rules, IR35 requirements and anti-avoidance measures announced on the 9 December 2010). Becoming a Steed Consultant allows for an excellent tax-effective method of working that provides great financial rewards and allows for peace of mind. As a Steed Consultant you should typically retain around 87% of the value of the contract after paying Income Tax and National Insurance.
First you become a Steed Consultant. This quick simple process requires you to complete an short application form, sign a consultancy agreement and to provide documentary evidence of your identity. As a Consultant you will be remunerated for the services you provide as well as receiving cash in a tax efficient manner. After Income Tax and National Insurance you should typically be left with around 85-87% of the contract value as cash in hand. Legal opinion on this arrangement has been provided by the head of London's largest Tax Chambers, an eminent QC who specialises in the area.
Our legal opinion specifically confirms that the service we provide is fully compliant with current legislation.
Please contact us and we will provide you with a detailed income calculation based on your hourly or daily rate.
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